Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Question:1) Sally sold her car, bought July 13, 2013 at $25,000.00,

/in /by

Question:<br/>1) Sally sold her car, bought July 13, 2013 at $25,000.00,

sold on Craigslist October 1st of last year 2017, for $9,000
2) Sally sold her fishing boat, for which she paid $3,000 on July 1, 2013, for $4,000 on November 1st of last year 2017
Should I report these as sales of business property Form 4797? If yes, how the depreciation should be calculated on both items?
Thank you

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"